SLVEST - Bullish power?The price is currently hovering near the top of the Kumo, indicating potential support from the cloud. A strong bullish candle above the Kumo will confirm a trend continuation.
Chikou Span is slightly above the price candles, supporting a bullish bias, though confirmation is needed with a clear breakout.
NT (1.72): Immediate resistance. A breakout above this level would confirm a bullish continuation.
Wait for a strong daily close above 1.72 with increased volume to confirm bullish momentum.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.